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Vice President of Capital Markets

StepStoneNew York
On-site Full-time $170K/yr - $190K/yr

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Experience Level

Mid to Senior

Qualifications

Qualifications5–8 years of experience in capital markets, fund finance, structured finance, private credit, investment banking, or a similar role, with direct exposure to private equity and/or real estate financing. In-depth knowledge of fund finance structures, including subscription facilities, NAV facilities, hybrid facilities, and CFO or portfolio-level leverage solutions. Proven ability to independently manage and execute complex transactions while coordinating with multiple stakeholders and adhering to tight deadlines. Strong financial modeling skills and analytical abilities.

About the job

StepStone is a leading global specialist in private markets, offering customized investment solutions and advisory services along with impactful, data-driven insights to investors worldwide. Utilizing our robust platform and unrivaled intelligence across various sectors, strategies, and geographies, we empower our clients to discover the insights and advantages necessary for their success.

Position Overview

The Capital Markets team plays a crucial role in providing efficient and flexible financing solutions that enhance fund liquidity, support portfolio construction, and foster long-term value creation. This position is centered on the origination and execution of fund finance-oriented structures, including subscription facilities, NAV and hybrid facilities, CFO’s, and other customized leverage solutions tailored for private equity and real estate strategies.

Key Responsibilities

  • Lead the structuring, negotiation, and execution of both fund-level and asset-level financing transactions for Private Equity (including Venture Capital) and Real Estate strategies.
  • Collaborate closely with investment teams, portfolio managers, legal, tax, treasury, and operations to ensure financing structures are in alignment with investment strategy, fund documentation, and investor considerations.
  • Oversee ongoing management, including amendments, extensions, refinancings, covenant compliance, and lender reporting.
  • Track market conditions, pricing trends, and evolving fund finance structures, proactively identifying opportunities to enhance financing efficiency and flexibility.
  • Develop and present materials for internal committees, senior management, and external stakeholders.
  • Assist in establishing best practices, standardized documentation, and scalable processes across the Capital Markets function.

About StepStone

StepStone is a premier global investment firm specializing in private markets. Our unique approach combines extensive market knowledge with advanced technology to deliver tailored investment solutions. We pride ourselves on our ability to provide actionable insights and drive value for our clients, leveraging a deep understanding of various asset classes and market dynamics.

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